U.S. Congress legislation · 119th Congress
HB8957: American Reserve Modernization Act of 2026
Status: In committee, September 16, 2026
To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.
What the bill says
To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.
From the introduced text, May 21, 2026:
A BILL To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes. SECTION 1. Short title This Act may be cited as the American Reserve Modernization Act of 2026 . SECTION 2. Findings Congress finds the following: (1) The global financial landscape is rapidly evolving, with digital assets playing an increasingly significant role in the world economy. (2) Bitcoin has demonstrated resilience, widespread adoption, and served as a medium of exchange and a store of value for more than a decade. (3) Just as gold reserves have historically served as a cornerstone of national financial security, Bitcoin represents a digital-age asset capable of enhancing the financial leadership and security of the United States in the 21st century global economy. (4) Bitcoin, as a decentralized and finitely scarce digital asset, offers unique properties that could complement existing national reserves, potentially strengthening the position of the United States dollar in the global financial system. (5) Diversification of the national assets of the United States to include Bitcoin could enhance financial resilience and position the United States at the forefront of global financial innovation. SECTION 3. Definitions In this Act: (1) Airdrop The term airdrop means a …
Sponsors
- Begich, Nicholas (R, HD-000) · primary sponsor
- Jared Golden (D, HD-002)
- Matt Van Epps (R, HD-007)
- Burgess Owens (R, 4)
- Mike Carey (R, HD-015)
- Earl Carter (R, HD-GA-1)
- Barry Moore (R, HD-AL-2)
- Pat Harrigan (R, HD-010)
- Michael Rulli (R, HD-006)
- Mariannette Miller-Meeks (R, HD-001)
- Abraham Hamadeh (R, HD-AZ-8)
- Michael Lawler (R, HD-017)
Latest actions
- : Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 21.
- : Committee Consideration and Mark-up Session Held
- : Referred to the House Committee on Financial Services.
- : Introduced in House
Subjects: Government ethics and transparency, public corruption, Administrative law and regulatory procedures, Bank accounts, deposits, capital, Banking and financial institutions regulation, Government information and archives, Finance and Financial Sector, Financial crises and stabilization, Government studies and investigations
Common questions
- What is HB8957?
- HB8957 is a bill in Congress (119th Congress): American Reserve Modernization Act of 2026.
- What does HB8957 do?
- In its own words: To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.
- What is the status of HB8957?
- In committee as of September 16, 2026. Latest action: Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 21. (September 16, 2026).
- Who sponsored HB8957?
- Begich, Nicholas (R, HD-000), with 11 co-sponsors.
- Where is the official record for HB8957?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/8957
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.